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Banks Roll Out $70 Billion Loan Program
WSJ ^ | 09/14/08

Posted on 09/14/2008 10:16:57 PM PDT by TigerLikesRooster

Banks Roll Out $70 Billion Loan Program

Associated Press

September 14, 2008 10:42 p.m.

NEW YORK -- A group of global banks and securities firms announced late Sunday a $70 billion loan program that financial companies can tap to help ease a credit shortage that threatens global financial markets.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: banks; creditshortage; economy; housingbubble; loanproram

1 posted on 09/14/2008 10:16:57 PM PDT by TigerLikesRooster
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To: TigerLikesRooster; Uncle Ike; RSmithOpt; jiggyboy; 2banana; Travis McGee; OwenKellogg; 31R1O; ...

Ping!


2 posted on 09/14/2008 10:17:42 PM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster

Bunch of euroweenies and commies divying up the (former) U.S. financial system.


3 posted on 09/14/2008 10:20:25 PM PDT by steve86 (Acerbic by nature, not nurture™)
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To: steve86

and Arabs...

the blowback from the housing bust continues...

it’s far from over


4 posted on 09/14/2008 10:40:55 PM PDT by wardaddy (I want to be David Duchovny's character on Californication for just one week)
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To: TigerLikesRooster
Brilliant move ! Trying to solve a problem created by reckless lending BY LENDING BILLIONS MORE $$$$$$$$$ ! !

LOL LOL, LOL !

5 posted on 09/14/2008 10:44:09 PM PDT by ex-Texan (Ecclesiastes 5:10 - 20)
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To: ex-Texan
This economic crisis could suck all money from the world economy. Could we be all equally broke? :-)
6 posted on 09/14/2008 10:48:37 PM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster; M. Espinola; Calpernia; Travis McGee

Inflated housing in La La Land become a world financial crisis. With crooks like Anthony Mozilo out there, free as birds, probably making millions by playing naked short Bingo ! Slick sickness rules America today.


7 posted on 09/14/2008 10:57:47 PM PDT by ex-Texan (Ecclesiastes 5:10 - 20)
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To: wardaddy

Say hello to your new foreign masters. Lord knows how many freepers could care less that profits go to Japanese when you buy a Japanese car. Just so long as peon Americans have jobs in those factories

Domo arigato Mr Japanese factory owner
Soon it will also be Chinese and Arab masters and employers.....

The way it is in a 3rd world pit


8 posted on 09/14/2008 11:02:48 PM PDT by dennisw (Never bet on a false prophet! ::::::|::::: Never bet on Islam!)
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To: dennisw
Furthermore, those who created this mess in the first place would waste no time to offer services to their new (foreign) masters, hoping to continue their wealthy life-style.
9 posted on 09/14/2008 11:20:04 PM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster
Furthermore, those who created this mess in the first place would waste no time to offer services to their new (foreign) masters, hoping to continue their wealthy life-style.

These mess creators and thieves have stashed their earnings away. They can live large during any crash
My sister saw E Stanley O'Neill at this years Harvard commencement. He was socializing and looked totally untroubled. His final payout was 160 million from Merrill Lynch

Stanley O'Neal - Wikipedia, the free encyclopedia
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en.wikipedia.org/wiki/Stanley_O'Neal - 26k - Cached - Similar pages - Note this

10 posted on 09/14/2008 11:53:03 PM PDT by dennisw (Never bet on a false prophet! ::::::|::::: Never bet on Islam!)
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